Gumbi
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January 23, 2019, 04:39:57 PM |
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Managed to short very near the high as I assumed Armstrong's call was correct in that Friday was the high, with a massive position on short term options. Made more today than I dd yesterday. Madness. Armstrong is a legit genius.
Congrats! Are you interested in a private trading group/ forum? I can't remember who created one earlier. So content we are paying for you are going to give for free? only paying subscribers should have access to these numbers otherwise why bother paying for the service. "Ask-Socrates.com, and all of the proprietary information included in its membership service, are the exclusive property of AE Global Solutions, Inc. and protected under all applicable Copyright laws." |
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If you see garbage posts (off-topic, trolling, spam, no point, etc.), use the "report to moderator" links. All reports are investigated, though you will rarely be contacted about your reports.
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psp777
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January 23, 2019, 04:55:41 PM |
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Managed to short very near the high as I assumed Armstrong's call was correct in that Friday was the high, with a massive position on short term options. Made more today than I dd yesterday. Madness. Armstrong is a legit genius.
Congrats! Are you interested in a private trading group/ forum? I can't remember who created one earlier. So content we are paying for you are going to give for free? only paying subscribers should have access to these numbers otherwise why bother paying for the service. "Ask-Socrates.com, and all of the proprietary information included in its membership service, are the exclusive property of AE Global Solutions, Inc. and protected under all applicable Copyright laws." No - this would be a place to discuss MAs blog posts and numbers based on a select few that have access to his info. |
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psp777
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January 23, 2019, 05:41:22 PM |
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I'd personally prefer to keep things as they are. There isn't too much out there where one can discuss Armstrong's work and I wouldn't want to fracture it further. Perhaps there are other trading forums where people use his stuff out there
No worries. Some are interested  Happy trades to you. |
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Alex-11
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January 23, 2019, 08:40:16 PM |
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This is the Forum that PSP777 is talking about |
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Gumbi
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January 23, 2019, 09:46:04 PM |
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Has anyone successfully upgraded their membership to pro yet?
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psp777
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January 24, 2019, 02:15:27 PM |
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So, the arrays and reversals are only available on the pro level subscription at $150/ month. You do receive 1 covered market however. Additional markets for the arrays and reversals will cost $25/ month for each market. So, for example, if you select the DOW as your included market you would need to add $25 a month for Gold, anther $25 a month for silver, Nasdaq etc...adds up quickly.
Lets say you had 3 markets ( 1 included and 2 additional) That's $200usd a month or $2400usd a year.
USD Account size examples:
On a $10,000 account that is 24%
On a $50,000 account size thats 4.8%
On a $100,000 trading account that's 2.4%
On a $500,000 trading account that's 0.48%
CAD Account size examples:
$2400 USD = $3200 CAD
On a $10,000 CAD account that is 32%
On a $50,000 CAD account size thats 6.4%
On a $100,000 Cad trading account that's 3.2%
On a $500,000 CAD trading account that's 0.64%
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trc4949
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January 24, 2019, 05:26:00 PM |
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Hey guys I am wondering if Armstrongs prediction about us retesting the lows or at least coming down half way towards the lows is even going to pan out at this point. Look at symbol SMH semiconductor ETF today. HUGE bullish move up today. Semiconductors usually a leading indicator. The time to go all in long may be NOW  |
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psp777
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January 24, 2019, 05:31:21 PM |
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Hey guys I am wondering if Armstrongs prediction about us retesting the lows or at least coming down half way towards the lows is even going to pan out at this point. Look at symbol SMH semiconductor ETF today. HUGE bullish move up today. Semiconductors usually a leading indicator. The time to go all in long may be NOW Well next week is the Panic cycle week in the DOW. Either an outside reversal or a dramatic push in one direction. The fact that this week has been relative even we could see the outside reversal to the downside or a sharp move down. The trend line from the Oct high is showing us the direction at this point I feel. That my 2 cents Here's my view: https://www.tradingview.com/x/RBIHYP9g/ |
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statdude
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January 24, 2019, 06:24:40 PM |
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What in this chart makes you think were going down? Besides "panic cycle" |
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psp777
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January 24, 2019, 06:26:46 PM |
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What in this chart makes you think were going down? Besides "panic cycle" Simple. Lower lows and lower highs since October. |
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outtagetme
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January 25, 2019, 07:45:33 AM |
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What in this chart makes you think were going down? Besides "panic cycle" Maybe because of the elected monthly bearish reversal per year end in the Dow. However I'm still learning how Martin's stuff works... |
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trc4949
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January 25, 2019, 08:06:49 AM |
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The high on Monday the 21st should be it since time is up. The panic cycle means it should move in both directions probably a reaction high on Monday the 28th and then down again. The SPX put sounds like a good trade.
Really interesting timing next week. Fed meeting next week Wednesday is D day. Typically that means Monday Tuesday is dead money. Or it can mean a rally up monday tuesday on expectations the Fed will give the market some candy. Then comes Wednesday and if the Fed does not give the market that candy then maybe the panic cycle kicks in. So the question is exactly what minute of the day to pull the short trigger... timing is everything..  |
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psp777
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January 25, 2019, 02:25:28 PM |
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This mornings bounce and today's/ this week's close will be very interesting setting up what happens next week.
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psp777
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January 25, 2019, 02:53:32 PM
Last edit: January 25, 2019, 03:42:14 PM by psp777 |
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Yes, I went to cash on last Friday - so no skin in the game right now. We have made new highs today. The close is important. On a shorter time frame we are very over bought. The old saying, "all Gaps fill..." makes me think today's gap up will close today if not next week. Time will tell. MA's idea of taking a short just above Friday's high...well people would have just ben stopped out. I call this move the stop sweeper and then the roll over begins. We will see  https://www.tradingview.com/x/Q1nqDGUM/ |
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psp777
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January 25, 2019, 04:28:02 PM |
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I guess it depends. Dow's high for today just kissed a resistance line I had, but the SPX line exceeded. The differences is that of the divergence between the two, which should make it OK. I've opened shorts, as we are close to that resistance- I think its a fair point to make a short as of right now. Position size is not massive like previously, however.
It's a lower risk trade for sure taking a short at this level. Put your stops in place and you are all good. It's all about managing risk and being patient. |
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Lateralus
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January 25, 2019, 05:52:37 PM |
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We just came within 20 points of the 2017 high.
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hackedinoctober
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January 25, 2019, 10:43:47 PM |
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This is the Forum that PSP777 is talking about There is also a new discussion about Martin going on at spunj. |
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Thekees
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January 28, 2019, 03:24:10 PM |
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Added 7% to the account already early morning. Shorted premarket at 2646 or so, closed a little early at 2634. Target was actually reached at 2629 but a green candle close to it got me out before it dropped again. Then went long there for 2 points. Was bearish but I expected some kind of reaction there, and it happened, and got out really quickly.
Your trading at such a short time frame than I am. I´m still in my shorts which are now in the profit but I am going to hold till we finally reach the low (just hope the panic cycle won´t spike me out of the trade). We still have a 12% drop to make a new low this month and only 4 days to do it so I guess it will be consolidation until March, May? lets see if Armstrong posts an update soon. Also, has anyone managed to get the pro trader pack of socrates? I am still getting payment error issues. |
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Thekees
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January 29, 2019, 09:29:56 AM |
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So now it seems like the Low may be in place and we could see a cycle inversion! Armstrong says that the major weekly is now the around the 26000 level and if we elect that then it could mean the low is in place.
They array clearly shows that the turning point with DC was last week, so the high should be in, but there is also a panic cycle so we could make a higher high and then collapse or just drop down, but is there also a possibility that we price just shoots up and ignore the top column of the arrays?? Maybe it is just best to ignore the arrays when there is a panic cycle like when there is a DC since anything can happen.
I guess this is what some of you have been talking about, no matter what happens he will turn out right, he has hedged his bets. New low, he is right, new high he is correct again.
When we made the low near 21600 he started saying the low was not in yet and we would see lower lows, now he changed his tone and is saying the low could be in.
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